Announced
Financials
Sources
Tags
Single Bidder
Friendly
Minority
Domestic
Brazil
Private
Acquisition
investment management
Pending
Hedge Funds
Synopsis
XP, a technology-driven platform, agreed to acquire a minority stake in Vista Capital, an investment management company. Financial terms were not disclosed. The development of independent asset managers meets XP's strategy by contributing to an increase in secondary market liquidity, helping to democratize investment products to more Brazilians.
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